October 26, 2021

LCH Ltd (“LCH”) Rule Change Committee of 22 October 2021 - Proposed Changes to the LCH Rulebook

LCH circular number:  4178
Date: October 26, 2021
To: All LCH Limited Clearing Members

Following LCH’s Rule Change Committee meeting of 22 October 2021, LCH is proposing the following rulebook changes, which are available on its secure website at https://secure-area.lchclearnet.com/secure_area/Default.asp under the folder “Rulebook”.

Rulebook Changes – Notification

Title Services Impacted
RepoClear - Deleting requirement to participate in securities borrowing programmes RepoClear Service

Rulebook Changes – Consultation - Two Weeks

Title Services Impacted
Listed Interest Rates contracts - LIBOR conversion Listed Interest Rates Service

Clearing members that wish to comment on the proposed rulebook changes should email rulebook@lch.com. If you have any general questions on rulebook changes, please contact your usual LCH contact. Please note that all rulebook changes remain subject to regulatory approval and internal LCH risk approval.